Decentralized internet startup TRON declared fresh subtle elements of its offer to incorporate with torrent BitTorrent in an official statement Thursday, September 27, two months after the main plans opened up to the world.
TRON, which obtained BitTorrent in July for an undisclosed sum, is currently looking to utilize its TRX token inside the platform’s client base to make a hybrid substance sharing ecosystem which uses cryptocurrency.
Named “Project Atlas,” the progressions will come as a form of “backward-compatible protocol extensions,” the release imparted to Cointelegraph presently confirms.
“To start, the product will feature faster downloads, more seeds, no mining, and backward compatibility,” TRON CEO Justin Sun commented,
“We aim to eventually empower all content creators and their communities by eliminating the middleman and enabling content creators to distribute directly to users.”
Under the game plan, clients will have the capacity to make motivating forces with tokens as a method for getting premiums, for example, quicker download speeds. The individuals who keep on seeding torrent files after completed downloads can also procure tokens as a reward.
The project will enter the content creation field close by different plans joining cryptocurrency, mainly Kim Dotcom’s Bitcache, which has Bitcoin (BTC) at its center.
TRON guarantees a further summary of Atlas’ highlights in an introduction set for September 28.
BitTorrent — which finished its live stream business in 2017 — was produced by Bram Cohen, who has since left the organization to fill in as CEO at Chia, a San Francisco-constructed organization centered in light of enhancing cryptocurrency foundation.